In India, the price of Tether's USDT stablecoin surged to a premium of over 8.5% above the official USD/INR exchange rate, reaching 102.88 rupees compared to the official 94.65 rate. This sharp rise from the usual 3-4% premium reflects a sudden shortage of USDT supply amid strong local demand for dollar exposure, driven by India's large crypto market and heavy taxes on crypto gains. USDT acts as a dollar substitute for Indian traders avoiding rupee conversions and fees, causing the premium to represent a hidden cost and stress in the market. The premium also highlights India's strict foreign currency controls, and it remains to be seen if new USDT supply will ease the gap or if the premium signals deeper market frictions.
The global potato chips market is expected to grow from $59.67 billion in 2026 to $84.26 billion by 2032, at a CAGR of 5.88%. Growth is fueled by local manufacturing, individual packaging, and flavor innovation, which help brands meet diverse consume...
Investec Bank plc, acting as joint broker to Gamma Communications Plc, disclosed public dealings in Gamma Communications shares on November 2, 2026. The bank purchased 1,248,899 ordinary shares at prices between 1093 and 1099.71, and sold 1,341,682 s...
Eviden, part of Atos Group, has introduced SMX, a new electromagnetic speed log designed for uncrewed surface and underwater vehicles. The SMX sensor measures speed through water with high accuracy, supporting navigation and autonomous operations in ...
Eviden, part of Atos Group, has introduced the SMX, a new electromagnetic speed sensor designed for surface and underwater drones, including military and civilian applications. The SMX offers precise, continuous measurement of water-relative speed, c...
YYForce Inc. announced it holds approximately $21.9 million in net assets while its market capitalization stands at about $2.1 million as of October 30, 2026, indicating a significant discount to its book value. The company outlined its strategic pri...
